ContractsProf Blog

Editor: Myanna Dellinger
University of South Dakota School of Law

Monday, April 21, 2008

Breaking 19th-Century News

Tampa National Public Radio reports that a 77-year-old Tampa woman is suing the city for its failure to repay a $300 loan made by her great-grandfather to the City of Tampa during the Civil War.  Assuming 147 years of interest at 8% per annum, the plaintiff figures she is owed $23 million. 

The past is passed, says Tampa (pictured), citing the statute of limitations, the demise of the currency in which plaintiff's great-grandfather was to be paid, and Section 4 of the 14th Amendment to the U.S. Constitution. Tampa also notes that the City of Tampa that incurred the debt dissolved in bankruptcy.  The current City of Tampa was founded years later.   

[Jeremy Telman]

http://lawprofessors.typepad.com/contractsprof_blog/2008/04/breaking-19th-c.html

In the News | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e551f08cbf8833

Listed below are links to weblogs that reference Breaking 19th-Century News:

Comments

Post a comment

If you do not complete your comment within 15 minutes, it will be lost. For longer comments, you may want to draft them in Word or another program and then copy them into this comment box.